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Morrisons to shut 52 cafes and 17 stores – Grahak Chetna

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Morrisons to shut 52 cafes and 17 stores

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Supermarket chain Morrisons is to shut 52 cafes and 17 convenience stores putting hundreds of jobs at risk.
The retailer will also close a number of in-store services, like the meat and fish counters, pharmacies and its market kitchens at certain sites in an attempt to redirect cash to other parts of the business.
It is expected the cuts will be rolled out over the next few months.
The retailer has come under significant pressure from the growth of discounter rivals, with Aldi overtaking Morrisons as the UK’s fourth biggest supermarket chain in 2022.
Morrisons said most staff affected by the changes were expected to be redeployed, but around 365 employees would be at risk of redundancy.

Courtesy: BBC

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